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Accounting Manager

Accounting Manager

companyGreystar
locationMemphis, TN, USA
PublishedPublished: 8/22/2024
Accounting
Full Time

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.


JOB DESCRIPTION SUMMARY

Leads the accounting group in applying generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, assist in budget development, and prepare standard accounting and financial reports for management.

JOB DESCRIPTION

  • Supervises the team of accountants by interviewing, hiring, orienting, and training team members, and manages their performance in accordance with Company policies, values, and business practices. 
  • Establishes annual goals and objectives for the accounting team, establishes workflows and assigns properties and portfolios for effective and efficient completion of tasks, and implements process and procedural improvements to streamline work, increase productivity, and maintain service and quality excellence. 
  • Oversees and approves financial transactions and information in preparation for entry into various financial statements and accounting reports by checking calculations, reviewing basis for figures, balancing and reconciling figures, and making exceptions as necessary. 
  • Approves budget, revenue, expense, payroll entries, invoices, mortgage payments and distributions, and other accounting documents and researches and resolves discrepancies as necessary. 
  • Approves and authorizes exceptions to bank reconciliations and wire transfers for deposit and ensures accuracy. 
  • Develops and implements accounting control procedures by analyzing revenue and expenditure trends and recommending appropriate budget levels to ensure expenditure control. 
  • Acts as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner. 
  • Ensures customer satisfaction by responding to requests from owners, business leaders, property managers, and others related to financial reports, statements, and established budgets. 
  • Completes various financial, accounting, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.  

Knowledge, Skills, Abilities:

  • Demonstrated ability to read, write, and communicate effectively to prepare and explain financial data to business leaders and managers, team members, clients, internal and external auditors, and other business contacts.
  • Demonstrated proficiency in word processing, spreadsheet, database management, and property management (e.g. Yardi, One Site) programs in order to complete required reports.
  • Demonstrated mathematical skills necessary to add, subtract, multiply, and divide numbers, decimals, and fractions, and calculate percents in order to complete financial records, budgets, and other fiscal reporting information.
  • Demonstrated management and supervisory skills sufficient to lead, direct, evaluate, and mentor subordinate team members and/or peers.
  • Employment history that demonstrates the application and usage of an accounting and financial background sufficient to analyze financial data and prepare financial reports in accordance with accounting, finance, budgeting, and cost control principles.
  • A combination of education, training, and experience that demonstrates the application and usage of generally accepted accounting principles (GAAP).
  • College degree in accounting, finance, or business is preferred.

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Additional Compensation:

  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in an annual bonus program based on individual and company performance.
  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 10 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
  • For onsite team members, onsite housing discount at Greystar-managed communities.
  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
  • 401(k) with Company Match up to 6% of pay after 6 months of service.
  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
  • Employee Assistance Program.
  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.